'Cheap is where it's at right now' says driving expert urging Brits to snap up luxury Mercedes for just £1,800 | D860G90 | 2024-02-07 12:08:01
Lee, who runs YouTube channel Automotive UK, has revealed that many prestige
A DRIVING skilled has urged Brits to snap up a luxury Mercedes for just £1,800 claiming 'low cost is where its at proper now.'
Lee, who runs YouTube channel Automotive UK, has revealed that many prestige motors at the moment are being bought at auction for lower than £5,000.
The professional stated that Mercedes-Benz, Jaguars and Land Rovers have been all going for a couple of hundreds pound because of market circumstances.
He stated: "When you haven't worked it out already, low cost is where it's at right now on the sale floors.
"I noticed at the moment some Jaguars, Land Rovers, Mercedes-Benz, even some common on a regular basis stuff actually struggling to recover from the [reserve] cap.
"Actually, something over the £5,000 mark in the mean time is just not getting anyplace close to its e-book [average retail] worth."
Lee defined that the majority auctions are dominated by trade consumers on the lookout for a discount. Meaning they need to purchase on the lowest attainable worth level.
He stated that the majority commerce consumers look for Ford Fiestas and Vauxhall Corsas that may be snapped up low cost.
And this pulls down the worth of status motors reminiscent of Audi and Jags, which are sometimes bought for less than their ebook worth.
Veteran automotive salesman Ray Shefska& typically suppliers clients with recommendations on to easy methods to buy a automotive with out being ripped off.
Ray, who bought& motors& for 43 years, stated: "I'm right here right now…to assist educate and inform you to turn into an empowered shopper as to easy methods to greatest& save money& once you're making an attempt to buy your next automotive."
To start with, Ray urged drivers to all the time examine the out-the-door worth (OTD) of the automotive they're making an attempt to buy.
This is the worth of the automotive combined with any taxes or other charges you have to pay, resembling& VAT.
Understanding the OTD lets you assess the deal you're being provided with out being stung by additional prices and to raised examine the headline figure between a number of& dealerships.
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